Results ❯  Alternative Legal Services ❯  Automating Contract Generation and Approvals

Situation

A large international technology, media and entertainment company needed a scalable, enterprise contract and document management system to automate document generation and approvals.

Solution

Morae Global implemented a contract management system to support enterprisewide contract management. The solution included automation of approval workflows and integration with Salesforce, single sign-on and eSignature tools. Morae Global continues to provide post-implementation support as well as ongoing contract tagging and analytics.

Benefits

Contract automation resulted in self-service of routine agreements such as NDAs. Our solution also enabled a reduction of more than $500,000 in software licensing costs, a 30-40 percent reduction in contracting cycle times and robust visibility into key contract and compliance provisions.

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Morae Global is trusted worldwide to transform legal, risk and compliance through results-oriented and technology-enabled solutions, and reinvent the legal function as an efficient and integral part of the business value chain.

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